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Silver Wheaton Corp. Message Board

  • cmegladon cmegladon Mar 2, 2011 9:48 AM Flag

    Doctor-The answer to your specific question

    is this; You have to look at the current trend in results VS PPS of the group.
    At the moment, there is no question the results of the group have been exceeding expectations and prices have been jumping reflecting the mood.
    Today, The Oracle of Omaha actually went as far as saying "He would NOT be invested in any fixed instrument short or long term, AND he said you have to be crazy to be in printed dollars". Yes he said "Printed Dollars". Although he never promotes commodities, he came as close as he ever did.
    So, should we see a pop in PPS? Yes. IMO. My most humble opinion, based on the trend we are seeing in Silver Miners.

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    • WHen (if) they announce 4th q and the results are $.36c beating the street, and top it off with future guidance exceeding $2.20,and a range given the likelyhood silver prices will remain stable or higher, tell me how the street will react? Remember, we are no longer dealing witrh $22 per oz.
      Just my op.

 
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